The announcement comes on the heels of iR's recent $3 billion fundraise, bringing its valuation to $12.25 billion.
The order bars a former NPM employee from joining Clarity until May 2027 and prohibits the use of NPM's confidential information.
The new identity is part of a complete rebrand and rebuild, including the introduction of a portfolio feature, new trade mechanics, and the scrapping of its "(in)famous public orderbook."
William Sarris's former second-in-command, Joseph Endoso, pleaded guilty in August to participating in the alleged scheme.
The AI and robotics company follows Anthropic in warning that access to its stock is restricted and cautioning against potential scams or fraud.
The deal expands NPM's liquidity platform beyond company shares to now include multi-asset fund stakes.
Setter Capital ranks the most in-demand venture-backed companies in the global secondary market.
The order bars a former NPM employee from working at Hiive for a period of three months and from soliciting NPM employees and customers for one year.
The venture secondaries platform's round was co-led by new investor LEAP Global Partners, with strategic participation from UBS Investment Bank.
The ongoing saga between the rival secondary market trading platforms continues to escalate, with new allegations that Hiive solicited employees to access proprietary information.
